Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Sep 13, 2017 |
approval memo.6 |
Sep 12, 2017 |
signed chap.305 |
Aug 31, 2017 |
delivered to governor |
Jun 21, 2017 |
returned to assembly passed senate 3rd reading cal.2180 substituted for s6652a |
Jun 19, 2017 |
recommitted to rules returned to senate repassed assembly |
Jun 15, 2017 |
amended on third reading (t) 8261a |
Jun 15, 2017 |
vote reconsidered - restored to third reading returned to assembly recalled from senate |
Jun 14, 2017 |
referred to rules delivered to senate passed assembly |
Jun 13, 2017 |
ordered to third reading rules cal.269 rules report cal.269 reported |
Jun 07, 2017 |
reported referred to rules |
Jun 02, 2017 |
referred to housing |
Assembly Bill A8261A
Signed By Governor2017-2018 Legislative Session
Sponsored By
CYMBROWITZ
Archive: Last Bill Status - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
co-Sponsors
Charles Barron
2017-A8261 - Details
- See Senate Version of this Bill:
- S6652
- Law Section:
- Not-for-Profit Corporation Law
- Laws Affected:
- Add §519-a, N-PC L; add §727, BC L
2017-A8261 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8261 2017-2018 Regular Sessions I N A S S E M B L Y June 2, 2017 ___________ Introduced by M. of A. CYMBROWITZ -- read once and referred to the Committee on Housing AN ACT to amend the real property law, in relation to conflicts of interests for cooperative housing THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The real property law is amended by adding a new article 9-C to read as follows: ARTICLE 9-C COOPERATIVE HOUSING SECTION 341. ANNUAL REPORTS FOR CERTAIN TRANSACTIONS REQUIRED. § 341. ANNUAL REPORTS FOR CERTAIN TRANSACTIONS REQUIRED. 1. EVERY COOPERATIVE HOUSING CORPORATION, INCORPORATED PURSUANT TO THE NOT-FOR- PROFIT CORPORATION LAW, SHALL, AT LEAST ONCE EACH YEAR: (A) REQUIRE THAT EACH DIRECTOR, AS DEFINED IN PARAGRAPH SIX OF SUBDI- VISION (A) OF SECTION ONE HUNDRED TWO OF THE NOT-FOR-PROFIT CORPORATION LAW, RECEIVE A COPY OF SECTION SEVEN HUNDRED FIFTEEN OF THE NOT-FOR-PRO- FIT CORPORATION LAW; AND (B) SUBMIT AN ANNUAL REPORT TO THE ATTORNEY GENERAL OF THE STATE OF NEW YORK, WHICH SHALL BE SIGNED BY EACH SUCH DIRECTOR, CONTAINING INFOR- MATION ON ANY CONTRACTS MADE, ENTERED INTO, OR OTHERWISE VOTED ON BY THE BOARD OF DIRECTORS THAT WERE SUBJECT TO SECTION SEVEN HUNDRED FIFTEEN OF THE NOT-FOR-PROFIT CORPORATION LAW. 2. EVERY COOPERATIVE HOUSING CORPORATION, INCORPORATED PURSUANT TO THE BUSINESS CORPORATION LAW, SHALL, AT LEAST ONCE EACH YEAR: (A) REQUIRE THAT EACH DIRECTOR, AS DEFINED IN PARAGRAPH FIVE OF SUBDI- VISION (A) OF SECTION ONE HUNDRED TWO OF THE BUSINESS CORPORATION LAW, RECEIVE A COPY OF SECTION SEVEN HUNDRED THIRTEEN OF THE BUSINESS CORPO- RATION LAW; AND (B) SUBMIT AN ANNUAL REPORT TO THE ATTORNEY GENERAL OF THE STATE OF NEW YORK, WHICH SHALL BE SIGNED BY EACH SUCH DIRECTOR, CONTAINING INFOR- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
co-Sponsors
Charles Barron
Luis R. Sepúlveda
2017-A8261A (ACTIVE) - Details
- See Senate Version of this Bill:
- S6652
- Law Section:
- Not-for-Profit Corporation Law
- Laws Affected:
- Add §519-a, N-PC L; add §727, BC L
2017-A8261A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8261--A R. R. 269 2017-2018 Regular Sessions I N A S S E M B L Y June 2, 2017 ___________ Introduced by M. of A. CYMBROWITZ, BARRON -- read once and referred to the Committee on Housing -- reported and referred to the Committee on Rules -- ordered to a third reading, passed by Assembly and delivered to the Senate, recalled from the Senate, vote reconsidered, bill amended, ordered reprinted, retaining its place on the special order of third reading AN ACT to amend the not-for-profit corporation law and the business corporation law, in relation to conflicts of interests for condominium and cooperative housing THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The not-for-profit corporation law is amended by adding a new section 519-a to read as follows: § 519-A. ANNUAL REPORTS FOR CERTAIN TRANSACTIONS REQUIRED. (A) EVERY CONDOMINIUM OR COOPERATIVE HOUSING CORPORATION, INCORPORATED PURSUANT TO THIS CHAPTER, SHALL, AT LEAST ONCE EACH YEAR: (1) REQUIRE THAT EACH DIRECTOR, AS DEFINED IN PARAGRAPH SIX OF SUBDI- VISION (A) OF SECTION ONE HUNDRED TWO OF THIS CHAPTER, RECEIVE A COPY OF SECTION SEVEN HUNDRED FIFTEEN OF THIS CHAPTER; AND (2) PROVIDE AN ANNUAL REPORT TO THE MEMBERS OR TO THE GOVERNING BOARD, IF THERE ARE NO MEMBERS, WHICH SHALL BE SIGNED BY EACH SUCH DIRECTOR, CONTAINING INFORMATION ON ANY CONTRACTS MADE, ENTERED INTO, OR OTHERWISE VOTED ON BY THE BOARD OF DIRECTORS THAT WERE CONSIDERED A RELATED PARTY TRANSACTION PURSUANT TO SECTION SEVEN HUNDRED FIFTEEN OF THIS CHAPTER. (B) THE ANNUAL REPORT REQUIRED BY SUBDIVISION (A) OF THIS SECTION SHALL INCLUDE, BUT NOT BE LIMITED TO, THE FOLLOWING: (1) A LIST OF ALL CONTRACTS VOTED ON BY THE BOARD OF DIRECTORS, INCLUDING INFORMATION ON THE CONTRACT RECIPIENT, CONTRACT AMOUNT, AND THE PURPOSE OF ENTERING INTO THE CONTRACT; EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13036-04-7
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